Care cap won’t boost disability-linked annuities
What is the prospect for DLAs – annuities that pay out a higher income upon individuals reaching an objective threshold of disability – taking-off in light of the Government’s ‘capped cost’ reforms?
What is the prospect for DLAs – annuities that pay out a higher income upon individuals reaching an objective threshold of disability – taking-off in light of the Government’s ‘capped cost’ reforms?
After fully 18 months of reflection since the final report of the Dilnot Commission, the coalition government is today announcing how it wants to see funding for long-term care in England reformed.
The prime minister argues implementing the capped cost model would change this, and result in an “enormous” insurance market. Is he right?
A comprehensive analysis of the choices for households and the state as both consider how to pay for ageing.
Detailed analysis of the government’s options for addressing England’s care funding crisis.
Actuaries were naturally excited by the final report of the Dilnot Commission on Funding of Care and Support. It is rare that major public policy proposals are so clearly built around observations on the nature of risk and uncertainty.